The Rise of Memecoins: Dominating the Crypto Open Interest Landscape
The cryptocurrency market has witnessed a remarkable surge in interest surrounding memecoins during this bull season, transforming them from niche internet jokes to formidable players in the digital asset space.…
Equinix Launches New IBX Data Centers in Johor and Kuala Lumpur
Equinix Inc, a leader in global digital infrastructure, has significantly expanded its footprint in Malaysia with the opening of two new International Business Exchange (IBX) data centers located in Johor…
Rethinking Stablecoins: Agora’s van Eck Critiques Yield-Bearing Models
In the rapidly evolving world of cryptocurrencies, the debate around the true purpose and design of stablecoins continues to intensify. Nick van Eck, CEO of the stablecoin issuer Agora, has…
Gracy Chen’s Vision to Transform the Crypto Industry as Bitget’s New CEO
In a landmark appointment, Gracy Chen has taken the helm as the new CEO of Bitget, a leading cryptocurrency exchange and Web3 company. This change comes as Chen succeeds Sandra…
China’s Chipmakers Rapidly Advancing in AI Technology, According to SenseTime’s Xu
In recent years, China has been aggressively working to narrow the technological divide with global leaders in artificial intelligence (AI) chip production. This effort, driven by local talent and vast…
Japanese police have arrested a man for allegedly using generative AI to create a computer virus.
Tokyo, Japan – A significant milestone in the realm of cybercrime and artificial intelligence has been reached as Tokyo police have arrested a 25-year-old man, Hayashi Ryuki, on suspicion of…
FSBM to Explore Business Opportunities for T-Parus Technology in Southeast Asia
FSBM Holdings Bhd’s (KL) wholly owned subsidiary, FSBM MES Elite Sdn Bhd, has announced the signing of agreements related to business opportunities involving advanced power backup solutions with Syarikat Logam…
Malaysia aims to attract over $100 billion in investments for its semiconductor industry.
Malaysia aims to attract at least 500 billion ringgit ($107 billion) in investment for its semiconductor industry, Prime Minister Anwar Ibrahim announced on Tuesday. This move is part of a…
China Establishes $47.5 Billion Semiconductor Fund to Support Domestic Companies
China has established its largest semiconductor investment fund yet, aiming to bolster its domestic chip industry amidst growing international tensions, particularly with the United States. The initiative marks China’s most…
Anticipation Builds Among Traders for a Major Rally as Altcoins Near Critical Resistance Levels
The cryptocurrency market is abuzz with speculation about the onset of “altseason,” a period characterized by significant gains across altcoins, following Ether’s notable 27% increase over the past week. The…
Ethereum Nears $4,000 Milestone: The Onset of a Post-ETF Approval Surge?
As trading commenced on May 27, Ether (ETH) is making strides towards the $4,000 mark, experiencing a notable 5% increase within the last 24 hours. This surge comes in the…
Southeast Asia’s Potential AI Boom Attracts Stock Traders
As the global tech industry continues its aggressive expansion, equity investors are turning their sights to Southeast Asia, identifying it as a prime region to capitalize on the burgeoning artificial…
Nomura Holdings and GMO Group Collaborate on Stablecoin Initiative in Japan
Nomura Holdings, a global financial services company operating in 30 countries, has partnered with GMO Internet Group to focus on stablecoin development, specifically targeting the issuance of Japanese yen and…
Top AI Experts Depart ByteDance and Kuaishou for New Opportunities Amid China’s Unicorn Boom
Recently, China’s tech industry has witnessed a significant shift as key artificial intelligence (AI) experts from major firms like ByteDance and Kuaishou Technology are leaving to start their own ventures.…
Ethereum Re-Staking Exploit Victim Recovers $7M in Stolen Funds
A significant security breach involving a sophisticated phishing attack resulted in the loss of $6.91 million in liquid staked Ether. The victim, who suffered this considerable financial loss on May…
Modi Ensures Every Indian Recognizes the Source of Free Food Provisions
In Amethi, a small town nestled in the Indian state of Uttar Pradesh, the political landscape is witnessing a unique integration of technology and welfare policies, spearheaded by Prime Minister…
Zypp Electric, an Indian EV startup, obtains funding from ENEOS for Southeast Asia expansion
Indian startup Zypp Electric is set to extend its electric vehicle (EV) rental services to Southeast Asia early next year, leveraging a significant investment from Japanese oil and energy conglomerate…
Hyundai Advances EV Initiatives Amidst Sales Decline
Despite a noticeable slowdown in the electric vehicle (EV) market, Hyundai remains steadfast in its commitment to electrification. Randy Parker, the CEO of Hyundai Motor America, has announced that the…
LG Expands Global HVAC Market Reach with Efficient Chillers
LG Electronics is marking a significant growth trajectory in its Business-to-Business (B2B) sector, particularly in the Heating, Ventilation, and Air Conditioning (HVAC) segment. The company reports a robust nearly 40%…
Google Announces First Subsea Cable Linking Africa to Australia
Google has announced a groundbreaking project to construct “Umoja,” the first subsea fiber-optic cable designed to connect the continents of Africa and Australia directly. This initiative emerges as part of…